Aldi Says You Can Save Up to 40% on Its Groceries. Is That True? [Yahoo! Finance]
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Kroger Company (The) (KR)
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Source: Yahoo! Finance
Aldi's huge range of quality own-label goods and its clean but no-frills approach have gained it a huge following in the U.S. In a recent press release, Aldi CEO Jason Hart said one reason customers try out the brand is a potential 40% savings on groceries. I'm a big Aldi fan. I first discovered the store's low prices when I went to Germany as a teenager. Even so, a 40% saving is a dramatic claim -- and one I wanted to put to the test. How Aldi prices stand up against the competition Comparing prices is a key way to save money, whether you're buying groceries or big-ticket items like TVs or fridges. Some great price comparison apps are available, but it's not an exact science as you can't always compare apples with apples. Not only do package sizes often differ, the quality of what's inside may vary as well. I put together a basket of 20 everyday items, including beef, chicken, pasta, milk, juice, beans, vegetables, and more. I used it to compare Aldi's prices online with Walm
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News
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- The Kroger Co. (KR): Is This Ice Cream Stock a Strong Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Kroger's Board of Directors Raises Quarterly Dividend by 10% [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 6/20/24 - Beat
KR
Sec Filings
- 6/28/24 - Form 10-Q
- 6/28/24 - Form 11-K
- 6/28/24 - Form 11-K
- KR's page on the SEC website